Supreme Court · 1994 INSC 372 · Decided 9 September 1994
Bloom Dekor LTD. ETC. ETC. v. Subhash Himatlal Desai and ORS. ETC.
- Court
- Supreme Court of India
- Citation
- 1994 INSC 372 · [1994] SUPP. 3 S.C.R. 322
- Case number
- CIVIL APPEAL No. 1751/1994
- Decided
- 9 September 1994
- Bench
- M.N. VENKATACHALIAH, P.B. SAWANT, S. MOHAN (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
Companies Act, 1956 : Section$ 33, 73-Public Issue· of shareS-Allot­ ment of Shares-Guidelines-Pennission to list the shares-Approval by Stock Exchang~Suits filed at various Cowts ~nterim orders passed-Jurisdiction C of the Courts-Held: Frivolous and Vexatious proceedings filed in Court­ Orderetl-To be tried along with pending suit-Conduct of the litigants in filing vexatious and frivolous proceedings-Disapproved and each of them ordered . to pay Rs. 10,000 to the order party. D The appellant company went for public issue of 23,65,000 equity shares (of which
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